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There are 68,946 results that match your search.68,946 results
  • Hard market to be 'more prolonged' says Omega
    Omega Insurance was the first Lloyd's insurer to raise capital following the bail-out of AIG and collapse of Lehman Brothers last September and, in a trading statement, the firm says its decision is being validated...
    22 May 2009
  • Another cat bond upsizes despite 'prohibitive' ILS pricing
    US military mutual USAA's thirteenth cat bond, Residential Re 2009, became the latest insurance linked security (ILS) to increase in size this year apparently confounding market wisdom that high yield expectations from investors is deterring issuance.
    22 May 2009
  • Nephila launches $100mn US wind sidecar; others struggle
    Leading ILS investor Nephila Capital and a subsidiary of Allianz Risk Transfer (ART) have formed a new short-term investment vehicle that will mirror a sidecar by writing a portion of 2009 cat reinsurance exposures via Nephila’s regular funds.
    22 May 2009
  • London wholesaler in MBO from AXA
    The London-based wholesale broker SBJ Global Risks is to spin-off in a management led buy-out little more than a year after AXA bought its parent in a deal estimated at £158mn.
    21 May 2009
  • People Moves
    XL boosts aviation team with Catlin hires; Arch CEO Iordanou takes on chairman role; Allianz Global in UK PI push; XL Insurance energy promotion; Cooper Gay bolsters EE energy business
    18 May 2009
  • Bucknall named as Magnus successor at XIS
    The joint venture that acts as the clearing house for the London market, Xchanging Ins-sure Services (XIS), has appointed Richard Bucknall to succeed its current chairman, Sir Laurie Magnus.
    18 May 2009
  • Scottish Lion scheme roars on
    Legacy UK (re)insurer Scottish Lion has applied to the Scottish Court of Session to sanction its proposed solvent scheme of arrangement after receiving "overwhelming support" from its creditors for the proposal...
    18 May 2009
  • RSA in £500mn debt raise as part of refinancing
    UK insurer RSA has raised £500mn of subordinated debt to bolster its financial flexibility ahead of any call on its existing EUR500mn subordinated guaranteed bonds.
    18 May 2009
  • The Hartford set for $3.4bn US government boost
    Troubled US insurer The Hartford Financial Serviced Group has been given a much needed fillip with preliminary approval for a $3.4bn participation in the US Treasury's Capital Purchase Program (CPP).
    18 May 2009
  • Great American seeks judicial oversight in Greenberg D&O dispute
    Great American Insurance has asked for a judge to decide the outcome of a $15mn claim from a directors' and officers' (D&O) insurance policy that relates to an ongoing dispute with American International Group...
    18 May 2009
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